ADX Kicks Off 2026 with Region’s First Luxury-Focused ETF Listing

ADX Kicks Off 2026 with Region’s First Luxury-Focused ETF Listing

The Abu Dhabi Securities Exchange (ADX) has marked the UAE’s first monetary itemizing of 2026 with the debut of a new luxury-focused exchange-traded fund (ETF), developed by Abu Dhabi-based funding supervisor Lunate.

The Boreas S&P Absolute Luxury UCITS ETF, has grow to be the first luxury-focused ETF in the area and the twenty first ETF to checklist on the ADX. The itemizing reinforces Abu Dhabi’s rising standing as a regional hub for exchange-traded merchandise, following a 12 months of explosive progress for the sector.

Tapping into global wealth

The new fund is designed to provide local traders direct entry to 32 main global luxurious corporations that profit from structural progress drivers such as rising global wealth and demand for premium lifestyle experiences.

Tracking the S&P Europe Luxury 35/20 Capped Index, the ETF presents publicity to a sector with a complete market capitalization of 5.2 trillion dirhams. Its holdings span style, jewellery, hospitality, and automotive sectors, that includes major global manufacturers including LVMH (Louis Vuitton, Dior), Richemont (Cartier, Van Cleef & Arpels), Hermès, Ferrari, and L’Oréal.

Sherif Salem, companion & head of public markets at Lunate, commented: “Our Boreas range is designed to capture themes with attractive long-term growth potential supported by emerging global megatrends. The Boreas S&P Absolute Luxury UCITS ETF enables investors to benefit from the significant growth in global wealth, which is expected to galvanize demand for luxury from a new category of consumers.”

A booming ETF market

The itemizing comes amidst a surge in exercise for Abu Dhabi’s ETF ecosystem. According to the ADX, the trade’s ETF market capitalization reached 33 billion dirhams at the end of 2025, representing an nearly forty-fold enhance in comparison with the same interval in 2024.

Abdulla Salem Alnuaimi, group CEO of ADX, highlighted the strategic significance of increasing the product suite: “With 21 ETFs now listed and a growing product suite, we continue to expand our product offering through strong partnerships and world-class products, supporting portfolio diversification and income generation while reinforcing Abu Dhabi’s transition to a knowledge and investment-driven economy.”

The ETF was listed following an preliminary providing interval (IOP) held from 15 to 21 January. Unlike conventional IPOs, allocations during the IOP had been based on investor demand topic to market circumstances.

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